NEW YORK, July 7, 2015 /PRNewswire/ -- Levi & Korsinsky, LLP announces it has commenced an investigation of Peabody Energy Corporation (NYSE: BTU) ("Peabody Energy" or "the Company") concerning possible violations of the Employee Retirement Income Security Act of 1974 ("ERISA"). The investigation concerns whether certain fiduciaries of Peabody Energy's 401(k) plan violated ERISA by offering Peabody Energy as an investment option under the plan when it was not prudent to do so, and by failing to disclose the Company's true financial and operating condition to participants and beneficiaries of the plan.
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If you held Peabody stock in an account under any of the Company's 401(k) plans and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/peabody-btu.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.com
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